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$Palantir (PLTR.US)$ Mike Lee was on a short while ago when ...

$Palantir (PLTR.US)$ Mike Lee was on a short while ago when I was listening to him. he's a perm a BULL is the best way I could describe him. he says yeah I still love palantir he says it's insanely expensive trading at 50 x times revenues he says but they're going to grow into it he says that being said it could fall 30 40 50% from here before it has another massive leg up he says so I would just be a little bit cautious in here but long-term the sky's the limit.
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  • Lnova : the way I view it is as though nvda was $60 per share before any forward split. But I am a beginner, so, it’s just my point of view

  • HumbLearner : I’m long on this and load more when it dips. HODL until retire. [undefined]

  • 10baggerbamm OP HumbLearner : you should look at the 2x leveraged ETF because when it dips on a percentage basis it comes down very hard but on the rally it's like a rocket ship.
    PTIR

  • HumbLearner 10baggerbamm OP : Thanks. Will check it out. Almost every solid company has a leverage stock? [undefined]

  • 10baggerbamm OP HumbLearner : you just need to understand the pain that you can experience when there is a sell-off so you need to plot one chart the common stock against The leverage ETF and look what happens on the down series of days because if you can't take that level of pain then don't do it and by all means do not go on margin when you buy these leverage ETS because if they drop 20 30% you're going to get a margin call if you don't have the money the entire position will get liquidated..

37+ yrs in the trenches, raised 100mil for start ups, syndicate ipo's, yrs on trading desk mkt maker. R/Everythingstocks
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